Author: NBTC

FRANKFURT, Feb 6 (Reuters) – The European Central Bank hopes U.S. President Donald Trump’s plan to support cryptocurrencies pegged to the U.S. dollar will speed up legislative backing for the digital euro, ECB board member Piero Cipollone told Reuters. The ECB has presented its digital currency – essentially an online wallet guaranteed by the central bank – in part as an electronic means of payment that does not rely on dominant U.S. providers such as Visa (V.N), opens new tab and PayPal (PYPL.O), opens new tab. Cipollone said Trump’s support for globally available stablecoins tied to the dollar would help…

In a significant development tracked by blockchain analysis platform Arkham, BitMEX co-founder Arthur Hayes has conducted large-scale transactions involving Ethena’s ENA tokens. BitMEX Co-Founder Arthur Hayes Transfers $6.54 Million Worth of ENA Tokens, Sends Most of It to Binance Basic Details of Transfers Hayes withdrew 7.952 million ENA tokens (worth around $6.54 million) from Ethena. Two major transactions were recorded following the withdrawal: Binance transfers: Hayes transferred 4.845 million ENA tokens (worth approximately $3.99 million) to a Binance deposit address. Additional Transfers: Hayes moved 3 million ENA tokens to another address suspected to be linked to him (0xab…9532). From there:…

A federal judge in Washington, D.C., has refused to block Elon Musk’s Department of Government Efficiency (D.O.G.E) from accessing US Department of Labor data. The ruling came on Saturday after the labor union American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) filed a lawsuit against Elon. In its court filing, the AFL-CIO said that Elon’s access to labor data could lead to a conflict of interest by giving him inside information about investigations into his companies (Tesla, SpaceX, X, and The Boring Company). Judge John Bates reviewed the case and said he was concerned about Elon’s actions but…

Lumia is tokenizing $220M in Istanbul real estate, using Polygon’s tech for scalable, secure RWA tokenization. Lumia’s collaboration with Sen Group aims to tokenize $1B in real estate, advancing DeFi integration with RWAs. Lumia, a blockchain project focused on real-world asset (RWA) tokenization, is advancing plans to tokenize two towers in Istanbul valued at over $220 million. Powered by Polygon’s cutting-edge technology stack, Lumia aims to reshape the future of real estate tokenization and further enhance cross-chain interoperability for digital assets. With its plans to tokenize $1 billion in assets by the end of the year, Lumia is branding itself…

Bitcoin is under short-term pressure as macroeconomic shifts and changing sentiment continue to weigh on upward momentum. Despite reaching a record high of over $108,000 in December, Bitcoin has seen a reversal driven by a strengthening U.S. dollar, heightened volatility, and cautious positioning among traders. That’s according to Joe McCann, founder and CEO of crypto investment firm Asymmetric, who has adopted a more bearish outlook in the near term while maintaining a bullish long-term stance. McCann noted a confluence of market signals, including a December 18 hawkish Federal Reserve press conference and a significant move in the Volatility Index (VIX),…

Will the growing fear in the market drop Ethereum back to $2,150? or is the uptrend to $4,100 inevitable amid rising institutional support? As Bitcoin retraces back to the $97,000 mark, Ethereum is back to retest the bullish dominance at $2,700. Amid the increased market volatility, the Fear and Greed Index has shifted into the fear zone, now sitting at 35. Currently, Ethereum is down 4.17% over the past 24 hours, extending its 7-day decline to 16.49%. With bulls struggling to maintain dominance above the $2,700 mark, ETH price analysis points to a possible rally following a triangle breakout pattern.…

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) expects its convertible preferred stock Strike (STRK) to be listed on Nasdaq on Thursday, according to a slide in its earnings presentation. Strategy, formerly known as MicroStrategy, also introduced new performance metrics when it reported fourth-quarter earnings after the market closed on Wednesday. The Tysons Corner, Virginia-based company reported a loss of $3.03 per share. It did not adopt Financial Stability Accounting Board (FASB) rules, which would have avoided a $1 billion impairment loss. Those will be adopted this quarter, the company said. Among the new…

Kaal Dhariya, a top developer of the Shiba Inu ecosystem, has addressed concerns about whether the team could still mint Bone ShibaSwap (BONE) despite renouncing its contract. Over the weekend, popular crypto YouTuber Random Artz called the Shiba Inu community’s attention to misconceptions that were being spread by a Solidity developer using the username @shallowhal-i4n. Solidity Developer Says BONE “Is Still Mintable” Specifically, this developer stated that the team behind the Shiba Inu ecosystem can still mint BONE if they choose to. The developer suggested that the BONE contract has a loophole that the team could exploit to create additional…

A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End Government-Controlled Digital Money U.S. Senator Mike Lee (R-UT) announced on Feb. 6 that he has reintroduced the No CBDC Act, a bill aimed at preventing the Federal Reserve from issuing a central bank digital currency (CBDC). The bill is co-sponsored by Senators Ted Cruz (R-TX) and Rick Scott (R-FL) in the Senate, with Representative Andy Ogles (R-TN) introducing a companion measure in the House. The…

Bitcoin’s computational backbone has shattered records once more, clocking in at 852 exahash per second (EH/s) in February 2025, heralding the dawn of the zettahash epoch with an impending 14.8% amplification. Hashrate Hyperdrive: Bitcoin Defies Sluggish Traffic to Blast Into Uncharted Territory On Feb. 8, 2025, Bitcoin’s processing velocity eclipsed its prior pinnacle of 840 EH/s—achieved mere days earlier—soaring to 852 EH/s. Block intervals linger near nine minutes and twenty-four seconds, while the protocol braces for a computational recalibration tomorrow, now 67 blocks away. Source: hashrateindex.com Estimations forecast a 6.38% uptick in mining difficulty, though final figures may diverge. The…